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“Cartoon Network’s future in doubt as Warner Bros. Discovery cuts costs” The future of The Cartoon Network has been thrown into question as the cable channel gets gutted by corporate parent Warner Bros. Discovery, whose CEO David Zaslav is looking to trim at least $3 billion from the sprawling media giant. The media company, which…
“CNN ‘blowing up’ its morning show next after Brian Stelter firing: report” CNN brass is reportedly planning to shake up the network’s morning show “New Day” as its next move following the abrupt dismissal of ex-anchor Brian Stelter. CNN president Chris Licht is set on “blowing up” the morning programming block due to poor ratings,…
“Guest asks ex-CNN host Brian Stelter if John Malone axed his show” A guest on Brian Stelter’s “Reliable Sources” CNN show publicly aired speculation about whether an influential billionaire was responsible for axing the left-leaning media commentary show. During the program’s last show on Sunday, Insider’s chief media correspondent Claire Atkinson brought up media tycoon…
“CNN’s news coverage should be ‘more centrist’: John Malone” Key WarnerBros. Discovery shareholder John Malone reportedly denied involvement in CNN’s decision to ax Brian Stelter this week and cancel his “Reliable Sources” program – but called for the network to return to non-partisan coverage. Malone, a billionaire board director at WarnerBros. Discovery and close confidant…
“Can David Zaslav’s new Warner Bros. Discovery deals work?” Merging is always the easy part. The companies are usually willing to join forces. Bankers and lawyers are incentivized to get the deal done. Plus the media loves a good M&A deal with photo ops of high-fiving CEOs and their grand plans to make history through…
“Why Warner Bros. Discovery CEO David Zaslav cut ‘Batgirl’” Warner Bros. Discovery boss David Zaslav didn’t mince words about the company’s controversial decision to cancel releases for “Batgirl” and “Scoob!: Holiday Haunt.” “We’re not going to launch a movie until it’s ready,” Zaslav said on a a quarterly earnings call late Thursday. “We’re not going…
“WarnerBros. Discovery misses on earnings, shares plunge” WarnerBros. Discovery posted weaker-than-expected second quarter earnings Thursday and announced the merger of its two most popular streaming services would be completed by next summer. The media behemoth reported its earnings for the first time since merging to combine the properties of Discovery and WarnerMedia — which include…
“CNN’s profits to dip below $1B for first time since 2016: report” CNN’s profits are poised to drop below the $1 billion mark for the first time since 2016 as its new boss scrambles for new ways to generate revenue, according to a report. Chris Licht, who took the helm of CNN three months ago…
“CNN seeking digital chief with ‘responsible’ spending habits during cost-cutting push” The new bosses at CNN are aiming to hire a top digital media executive with a reputation for “responsible” spending as they pursue budget-tightening measures. WarnerBros. Discovery posted a job listing for an “executive vice president & chief digital officer” for CNN Digital that…
“Warner Bros. Discovery reveals aggressive cost-cutting plan” Warner Bros. Discovery, owner of CNN, HBO Max, TLC and Food Network, is mounting an aggressive cost-cutting plan ahead of its promise to find more than $3 billion in savings in 2023. CEO David Zaslav has wasted no time since the $43 billion merger between Discovery and WarnerMedia…